Argentina to transfer 10 percent of reserves to Bank of the South /Argentina to transfer 10 percent of reserves to Bank of the South

The Argentinean Government plans to transfer 10 percent of international reserves, some USD 3.5 billion, to launch the Bank of the South it is boosting together with Venezuela, which is expected to contribute the same amount of money, said newspaper Página/12, as quoted by Efe ( full information)/El gobierno argentino planea destinar el 10 por ciento de sus reservas, que ronda en unos 3.500 millones de dólares, para la puesta en marcha del Banco del Sur, impulsado junto con Venezuela, que aportaría la misma cifra, informó hoy "Página 12" (información completa)